Owner beware — first major PPSA decision confirms your worst fears
The first major Australian decision under the Personal Property Securities Act 2009 (PPSA) has been handed down. In Maiden Civil (P&E) Pty Ltd v Queensland Excavation Services Pty Ltd & Ors  NSWSC 852, Brereton J has followed Canadian and New Zealand decisions and confirmed that the PPSA has significantly eroded the primacy of ownership in Australian law…
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High Court decides: liquidators of insolvent landlords can disclaim leases with the effect of extinguishing the tenant’s leasehold interest
In Willmott Growers Group Inc v Willmott Forests Limited, the majority of the High Court upheld the Victorian Court of Appeal’s conclusion that the liquidators of an insolvent landlord can disclaim a lease.
Queensland recently brought an interlocutory application seeking a declaration that its laws were valid until a court finally determined otherwise.
Analysis from The Lawyer
All-encompassing change is now a reality for the UK’s top 200 firms. How are they coping with the unprecedented upheaval? The Lawyer finds out